Gold Canyon finds new partner for Springpole
In return for exploration expenditures of $2.5 million over four years, Wyoming-based Pasco Rico Resources can earn up to a 51% interest in Gold Canyon Resources’ (GCU-V) Springpole Lake gold project …
News
Nevsun updates, upgrades Kubi resource
Nevsun Resources (NSU-T) has released an updated resource estimate for the Kubi gold project in Ghana, based on work carried out since July 1997.The estimate by Pearson, Hofman & Associates (PHA) also…
MINING MARKETS & INVESTMENT NEWS — Cusil Venture completes IPO, Spectrum seeks suspension
Nevada Pacific Gold (NPG-V) has been called for trading on the Vancouver Stock Exchange on the condition that it publicly offer 3 million shares at 75 cents each.Proceeds from the offering will be use…
EDITORIAL & OPINION — Silent majority less silent — Ears to hear
A new poll suggests British Columbians are more worried about their economy than ever. More than one in three citizens of Canada’s most westerly province, or 36%, say the economy is their greatest con…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Arbitration delays Northbank
A dispute over compensation owed to the owner of the Northbank diamond property, operated by Trans Hex International (THI-T) in Namibia, will be taken to arbitration.The move will delay development of…
Careers (November 23, 1998)
We are a TSE-listed junior company located north of Toronto, with numerous active gold and base metal projects in Canada and overseas.INVESTOR RELATIONS MANAGERWe are seeking a proven, successful inve…
Index (November 23, 1998)
CareersClassifiedCommentaryDiamond News RoundupDiamond PageDrillersEditorialGuest ColumnInsider TradingInvestment CommentaryLetter to the EditorMarket PlaceMetal PricesMining Markets and …
Westray tragedy mired in fresh controversy
Inquiry may have been unaware of defective methane-detectors Lawyers representing the families of some of the miners killed in the May 1992 explosion at the Westray coal mine are weighing new informat…
Rio Algom stays profitable during expansion
Increased production and lower cash costs allowed Rio Algom (ROM-T) to record positive third-quarter earnings despite low copper prices.For the three months ended Sept. 30, Rio Algom posted net earnin…
Golden Star looks ahead at five best properties
Golden Star Resources (GSC-T) is changing its strategy in the face of persistently low gold prices.The Denver-based company will minimize its grassroots work in favor of focusing on five advanced proj…
PEOPLE (November 23, 1998)
Rayrock — Michael Martineau, Robert Matthews and Robert Zerga appointed directors.
SUPPLIERS NEWS ROUNDUP — Unimin cited for site rehab work
Unimin Canada has been recognized by a U.S.-based environmental group for continuing reclamation and wildlife programs at a former nepheline syenite operation near Peterborough, Ont.The Bethesda, Md.-…